Canada Post at ‘Critical Juncture,’ Financial Situation Unsustainable: Board Chair

The Canada Post logo is seen on the outside the company's Pacific Processing Centre, in Richmond, B.C., on June 1, 2017. The Canadian Press/Darryl Dyck

The chair of Canada Post’s board says the organization’s financial situation is unsustainable.

“The board and senior management recognize that Canada Post is at a critical juncture,” said André Hudon at its annual general meeting on Wednesday.